A SIM or subscriber identity module is a smart card inside the GSM cellular phone that stores International Mobile Subscriber Identity (IMSI) to identify and authenticate the user on mobile telephony devices. SIM is a small card that contains programming and information such as phonebook entries. The major advantage of GSM architecture is that the SIM can be moved from one mobile station to another.

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“Global Subscriber Identity Module Market Research Report 2017”

For a stronger and more stable business outlook, the report on the global Subscriber Identity Module Market carries key projections that can be practically studied. The research on the global Subscriber Identity Module market will be useful to investors, regularity authorities, and policy makers, state the analysts.

Independent research institutions, commercial entities, and non-profit organization in this sector can also benefit from the report.

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Global Subscriber Identity Module (SIM) cards is projected to reach 6+ billion by 2022, driven by the roll out of new generation communication networks such as 4G and expanding mobile phone subscriber base in developing countries. The growth in the market will also be driven by the expanding use of SIM cards in newer applications such as M2M, Internet of Things (IoT), near field communications (NFC), contactless transactions and smart card based access control systems.

Asia-Pacific represents the largest and the fastest growing market worldwide with a CAGR of +5% over the analysis period, led by factors such as strong penetration of low cost smartphones and feature phones, development of the mobile communication infrastructure, continued migration towards 3.5 and 4G networks, falling voice and data tariffs and increased consumer adoption of the same. The robust penetration of dual SIM phones in Southeast Asia is additionally expected to provide volume boost to shipments of Subscriber Identity Module (SIM) cards in the region.

The Subscriber Identity Module market is also explained to the clients as a holistic snapshot of a competitive landscape within the given competitive forecast period. The challenges faced by them and the reasons they are on that position is explained to help make a well informed decision.

Competitive landscape of Subscriber Identity Module market is given presenting detailed insights into the company profiles, developments, merges, acquisitions, economic status and best SWOT analysis.

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